Mr. Hanley has over 20 years of senior executive experience. Most recently, he served as Senior Vice-President Operations and Strategic Initiatives and member of the Office of the President at National Bank of Canada. From 1998 to 2008, Mr. Hanley held various executive roles at Alcan, including President and CEO of its global Bauxite and Alumina business group, and his final position of Executive Vice-President and CFO. He currently serves as an Independent Director and Audit Committee chair for BRP, a manufacturer, distributor, and marketer of motorized recreational vehicles and powersports engines; and as independent director for Orbite Aluminae, a cleantech company.

Mr. Hanley holds a business degree from HEC Montréal and is a Chartered Accountant.

"We welcome Michael to the Board of Directors and look forward to working with him. His experience particularly in operations will be a valuable addition to the Board mix as First Quantum continues executing its transformational growth strategy to position the Company amongst the top 10 largest copper and nickel producers in the world," commented Philip Pascall, Chairman and CEO.

First Quantum produces copper, cobalt and gold in Congo Dem. Rep. of, in Mauritania and in Zambia, develops cobalt, copper and nickel in Congo Dem. Rep. of and in Zambia, and holds various exploration projects in Congo Dem. Rep. of and in Peru.